
TSE:PKI
This summary was created by AI, based on 7 opinions in the last 12 months.
Parkland Fuel Corp (PKI-T) has received mixed reviews from experts since the company's acquisition by Sunoco. While some analysts see the acquisition as a positive move that could benefit shareholders, citing excellent assets and advantageous market conditions due to geopolitical factors, others express concern over the acquisition price and potential risks related to Sunoco's post-deal share behavior. There is a general indication that shareholders should assess their options, with some recommending a conservative approach by holding onto the stock for dividend income while looking for other investment opportunities. The consensus suggests a cautious outlook, with the possibility of reduced upside in the mid-term as the two companies integrate. Overall, the sentiment is that while there is some potential, caution and reassessment are advisable given the current dynamics.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no news to account for the sell off today. However, out of the past 8 days, the stock has risen 7 days with a total increase of $6 in two weeks. Unlock Premium - Try 5i Free
He owns ATD-B instead, but PKI is a great, profitable company. The dividend will grow and the company is a great buyer of assets and opportunities may lie ahead in the wake of today's Marathon deal.
A big footprint in western Canada and it is a fairly non-cyclical business. The price of oil does not affect them the way you think. When oil prices drop sharply, there is a huge spike in their margins. It is a consolidator. They will be able to do these tuck-in acquisitions. He prefers ATD.B-T but likes this one too.
(A Top Pick Mar 06/19, Up 27%) Management is doing everything they should. They just bought assets in the massive California market as well as in the Caribbean. They leveraged some refining capacity to send fuel to some locations. They buy wholesale that they refine, then sell it at retail--that's the spread they make. Happy to hold this. It's a mini-Couche Tard (ATD'B), but PKI more nimble in making acquisitions and own a refinery.
Great company. Likes it, but prefers Couche-Tard. Has grown nicely. Dividend higher than ATD.B. Both hinge on increasing electrification. Can buy it pretty comfortably here.